West Vault Mining's Hasbrouck Gold Project Shows Strong Economics with 51% After-Tax IRR
TL;DR
West Vault Mining offers investors a strategic advantage with its fully permitted Hasbrouck Gold Project, poised for immediate construction and strong returns in a rising gold market.
The Hasbrouck Gold Project has a proven reserve of 753,000 ounces with a 51% after-tax IRR and low annual burn rate of US$1 million ensuring efficient operations.
West Vault's disciplined development approach in Nevada creates sustainable economic opportunities while responsibly advancing gold resources for future generations.
West Vault Mining holds a massive 753,000 ounce gold reserve in Nevada with zero construction risk and full exposure to gold price upside potential.
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West Vault Mining Inc. owns 100% of the fully permitted Hasbrouck Gold Project in Nevada, offering immediate construction readiness in a world-class jurisdiction. The project demonstrates compelling base case economics, including a 51% after-tax internal rate of return and US$206 million net present value at $1,790 gold prices, based on a 2023 pre-feasibility study.
The company maintains proven and probable mineral reserves of 753,000 ounces in 44.02 million tons at a grade of 0.017 ounces per ton. West Vault controls a large land package with multiple exploration targets, providing additional growth potential beyond the current reserve base. With an efficient corporate structure and annual burn rate of approximately US$1 million, the company can maintain low-cost optionality while preserving shareholder value.
Management and insiders hold significant equity positions, aligning closely with shareholder interests and long-term value creation. The company is strategically positioned to benefit from a potential gold bull cycle, with zero near-term construction risk and full exposure to price upside. West Vault Mining follows a disciplined model of acquiring, advancing, and holding high-quality gold projects in premier jurisdictions, with the goal of monetizing these assets as market conditions become favorable.
The company's core emphasis remains on controlling dilution and timing development decisions to optimize shareholder returns across the commodity cycle. Since its formation following the successful C$424 million sale of West Timmins Mining in 2009, West Vault has maintained focus on opportunities in North America's most prolific gold-bearing regions. This strategy has led to the acquisition and advancement of its flagship Hasbrouck Gold Project, which represents a significant development-stage asset in the mining sector. Additional information about the company is available through its newsroom at https://ibn.fm/WVMDF.
Curated from InvestorBrandNetwork (IBN)
